#Chain

3 Reasons Stellar Might Find the Momentum to Soar Despite the Lukewarm Crypto Market

Starlight: A Payment Rail Enabling Secure and Private Transactions on Stellar

October 28, 2018 by Nuno Menezes at Altcoins, Business, Development, Finance, News

On October 26, 2018, Interstellar, the product of Stellar’s acquisition of Chain, announced a new implementation called “Starlight” that allows for secure and private bidirectional payments on the Stellar protocol. Payment Channels The whole purpose of these payment channels is to allow different parties to privately and securely transact with...

U.S. Blockchain Start-Up Chain Acquired by Lightyear; Business to Run on Stellar (XLM) Platform

September 11, 2018 by Aisshwarya Tiwari at Altcoins, Exchange, Finance, News, Platform

Lightyear Corp., a firm focused on the Stellar blockchain has acquired the San Francisco based DLT start-up Chain Inc. Per a report published by Reuters on September 10, 2018, Chain’s CEO Adam Ludwin has confirmed the deal. Terms of the Deal Both, the Chain and Lightyear brand will be amalgamated...

Citi and Nasdaq Partner with Chain to Develop Blockchain Payment Solution

May 25, 2017 by Alex Lielacher at Blockchain, Business, News

Banking giant Citi and technology stock exchange Nasdaq announced a new digital payment solution that provides straight-through processing and automatic payments reconciliation by leveraging blockchain technology to record and transfer payment instructions. The collaboration between the two New York-based financial services companies has culminated in a pioneering banking solution that...

Chain Open Sources its Blockchain Platform

October 24, 2016 by JP Buntinx at Business, Finance, News, Tech

Creating industry standards for distributed ledgers requires open-sourced software solutions. Chain, one of the many blockchain providers available today, released the Chain Core Developer Edition. This open-source version of the company’s distributed ledger platform is free of charge and allows companies to issue and transfer assets. All of this will...

Visa Announces B2B Payments Platform Running on a Permissioned Private Blockchain

October 22, 2016 by JP Buntinx at Business, Finance, News

Blockchain technology is making headway in the financial sector as we know it today. Even credit card giant Visa is keeping close tabs on distributed ledgers. The company even went as far as announcing their international payment solution built on top of Chain’s blockchain services. In doing so, Visa wants...

Chain Inc. Raises US$30 Million from Wall Street Companies

September 23, 2015 by Joseph Young at Finance, News, Tech

Chain Inc., a San Francisco-based blockchain software company has raised US$30 million from Wall Street companies and investment banks, including Visa Inc., Citi Ventures and NASDAQ Inc, to enable institutions “to design, deploy, and operate blockchain networks that can power any type of asset in any market.” Chain Inc. aims...